Import Bill Advance

Product Introduction

Import Bill Advance refers to a short-term trade fund dedicated for paying the import goods payment, released by the bank according to the request of the customer.

Product Features

1.It uses bank fund to pay the goods payment to the supplier on demand, thus promoting your commercial credit standing, and you can get a more preferential price.

2.It uses bank fund to pay the goods payment to the supplier on demand, thus it promotes your commercial credit standing, and you can get more preferential prices.

3.It fully utilizes bank fund to reduce the occupation of your own funds, thus you can have more trade opportunities.

Our Commitments

1.According to your settlement currency, our bank can provide an advance in RMB, USD or HKD. 2.According to the fund recycling time, our bank can determine an advance term that suits you the best 3.According to the fund you have, our bank can provide an advance as much as the full amount of the L/C.

4.According to your settlement characteristics, our bank offers an import bill advance under various settlement manners such as L/C, document collection, and money remittance

5.If the goods you imported meets the requirements of our bank for chattel pledge, our bank can, after our bank has finished the processing of goods pledge and custody related procedures, provide you with an advance without otherwise guarantee pledge provided by you.

6.If the buyer of the goods you imported has powerful strengths, you can transfer or pledge the receivable payment to our bank, thus getting the import bill advance without providing guarantee pledge.

Kind Reminders

1.There must be a genuine import trade background. It is used only for import payment. The payment conditions specified by the State Foreign Exchange Management Bureau shall be met.

2.Commercial vouchers such as invoice and bill of lading under the L/C or collection must be submitted to our bank directly by the overseas bank. For the advance under the remittance settlement manner, you must submit such vouchers as the customs declaration form and invoice to our bank, and our bank will verify the customs declaration form on the Internet.

3.After the goods under the import category is sold, no matter whether the advance is due or not, the proceeds gained from goods sale shall be immediately used to pay back our bank’s advance, and shall not be used for other purposes.